[an error occurred while processing this directive]
Computer models for business decisions (6 points)
Leader: John Betts
Synopsis: This unit aims to develop an understanding of the principles, techniques and applications of computer models in business and industry. Topics include decision trees, project management, discrete-event simulation, forecasting, service levels and inventory control, financial modelling and other decision support systems. Students are also introduced to the modelling of 'real-life' problems using mathematical models, spreadsheets or computer packages, and conduct a sensitivity analysis of these models to the input parameters.
Assessment: Examination (2 hours): 70% + Assignment: 30% + Students must pass the examination in order to pass the unit.
Contact Hours: One 2-hour lecture and one 1-hour laboratory per week
Corequisites: BUS9530 or equivalent
Australian Government Requirements for International Students - CRICOS Provider Number: 00008C
Copyright © 1994-2001 Monash University - Last Date Modified: 13 October 2003 - Caution - Privacy
Monash University ABN 12 377 614 012